Local co has sales of 104 million and cost of sales of 64, Finance Basics

Local co has sales of 104 million and cost of sales of 64

Local Co. has sales of $10.4 million and cost of sales of $6.4 million. Its selling, general and administrative expenses are $510,000 and its research and development is $1.2 million. It has annual depreciation charges of $1.3 million and a tax rate of 35%.
a. What is Locals gross margin?
b. What is Locals operating margin?
c. What is Locals net profit margin?

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Finance Basics: Local co has sales of 104 million and cost of sales of 64

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Finance Basics: Local co has sales of 104 million and cost of sales of 64

Reference No:- TGS0607740

Have a Question? (oR Write a Review)

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Finance Basics: Local co has sales of 104 million and cost of sales of 64

Reference No:- TGS0607740

Recent Questions Asked Finance Basics

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